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| Deep Freeze for Dealership Deals? (continued) |
| A Refutation The doom and gloom headline in the September 14th issue of Automotive News diminished hope for dealers across the country who are thinking about selling their dealerships. Yet from my perspective as a Broker of automobile dealerships spanning 25 years and several major business cycles, our industry looks quite different. |
| Nancy represents franchised automobile dealers by orchestrating dealership sales and closures for those wishing to divest, facilitating targeted acquisitions on behalf of buyers and determining the true market value of their business. They have been successfully serving auto dealers for over 25 years, with great professionalism. |
| Not only are dealerships selling but certain franchises such as Volkswagen, Subaru, Hyundai, and Kia are valued higher and selling for more than they have over the last few years and, in certain cases, for more than they have ever sold before. Other franchises as well, previously considered marginal, have also had their standings elevated by the default of two thirds of our domestic industry segment. And while some of the substantive issues noted in DEEP FREEZE hold some truth, there is another side to those same issues that is not merely hopeful but downright optimistic. |

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| I would like to share that other side with all those dealers who cringed at the headline in bold on the face of their industry Tabloid. The writing of it, in and of itself, can make for a near self fulfilling prophecy as Brokers respond by lowering valuations and purchasers look for fire sales. Different regions and areas may have different circumstances, but I urge you to decide for yourself what is true for you in your market area and with your particular franchise.
Nancy Phillips Associates relative to our industry today before making important decisions about the value of your dealership. |
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and closures for those wishing to divest, facilitating targeted acquisitions on behalf of buyers and determining the true market value of their business. We have been successfully serving auto dealers for over 25 years, with great professionalism, the highest level of trustworthiness and a concise personalized plan for your particular dealership situation. We base our reputation on our ability to determine and facilitate a dealership exit strategy for you that is far more effective and financially beneficial than what you will receive without the employment of our services. |

| The auto industry is not going away and in fact the playing field for those who wish to stay in the game is only going to expand. Not only are there fewer same brand dealers to compete with and larger sales territories to control, there is also an entire menu of new franchises from other countries preparing for entry into the US market – and they will all require dealers. Now is the best time to analyze your position in this industry of ours. If exiting is your preference, get expert advice on the potential value of your dealership. You may be surprised at the opportunity your business presents to another dealer or even your own franchisor. If staying is the foundation of your business plan, make sure to identify the prospects for future growth in your market area. The current availability of dealerships and re-locatable franchises will be short lived and you may not ever have another chance to take advantage of the opportunities they present. Dealers, Good Luck to you all and remember that there is much more than just a glimmer of hope in our industry, there is the promise of a whole new day. |